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Text of the provision of Section 161(2) of Companies Act, 2013: The Board of Directors of a company may, if so authorized by its articles or by a resolution passed by the company in general meeting, appoint a person, not being a person holding any alternate directorship for any other director in the company, to act as an alternate director for a director during his absence for a period of not less than 3 months from India. The following procedure is to be followed for Appointment of an Alternate Director :- https://lexcomply.com/ikx8

Auditor shall be appointed in First annual general meeting to hold office till the conclusion of sixth annual general meeting of the Company. . [Section 139 (1) and Rule 3(7) of Companies (Audit and Auditors) Rules, 2014] The following procedure is to be followed for appointment of an auditor at the first Annual General Meeting [Section 139 & 141 and Rule No. 3, 4 and 10 of the Companies (Audit and Auditors) Rules, 2014] - https://lexcomply.com/l9u5

Annual compliance filing is a mandatory requirement for companies registered under the Companies Act, 2013 to ensure legal and regulatory adherence. These filings help maintain transparency, accountability, and good governance. All Private Limited Companies, Public Limited Companies, One Person Companies (OPCs), and Limited Liability Partnerships (LLPs) must file annual returns and financial statements with the Registrar of Companies (ROC).

For an organization to function efficiently and adhere to the statutory requirements, it is essential to maintain certain records and registers. Maintaining such records and registers are important for fulfilling statutory, disclosure, statistical, MIS purposes. Explore the key statutory records that companies must maintain in electronic form under the Companies Act, 2013. Learn about compliance requirements, digital record-keeping, and best practices for corporate governance